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Recap: Oil prices rebounded after suffering early losses on Tuesday, ending a four day losing streak. A recovery in equities prompted oil traders into bottom picking mode, as they looked […]
Tuesday, June 4th saw the front-month NYMEX Natural Gas Futures Contract open at $2.394, nearly even to Friday’s closing price of $2.403. Slipping to the intraday low of $2.381 as […]
Recap: The oil market continued on its downward trend and posted a low of $52.11 when the market reopened on Sunday night. However, the market bounced off its low and retraced […]
Monday, June 3rd saw the front-month NYMEX Natural Gas Futures Contract open at $2.452, nearly even to Friday’s closing price of $2.454. Losing support from optimistic bulls, the latest weather […]
Recap: The oil market plunged on Friday to almost a three-month low after President Donald Trump, late Thursday, announced a plan to impose a 5% tariff on all goods coming from […]
Friday, May 31st saw the front-month NYMEX Natural Gas Futures Contract open at $2.545, nearly even to Thursday’s closing price of $2.547. Falling from the intraday high of $2.548 within […]
Recap: The crude market posted an outside trading day after it rallied higher in overnight trading after the API report showed a larger than expected draw in crude stocks late Wednesday […]
On Thursday, May 30th – the July NYMEX Natural Gas Futures Contract began trading as the prompt month. Opening at $2.587, four cents below Wednesday’s closing price of $2.624, prices […]
Recap: The oil market opened lower and erased its previous gains, as concerns over the trade war between the US and China outweighed supply disruptions. The market was weighed down […]
On Wednesday, May 29th – settlement day for the June contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.622, four cents above Tuesday’s closing price of $2.582. […]